Sunday, December 5, 2010

GLD SLV USO - The Fed Train

GLD
  • GLD Looking Very Strong (Thanks To The Fed)
  • Break below 128 WOULD BE BEARISH
  • Up Trend holding
  • Looking for $1500 For Gold
  • All About How Much The Fed Prints!

SLV

  • SLV IS ON CRACK!
  • Break below 24 WOULD BE BEARISH
  • Up Trend holding
  • Looking for 45+ In The Sliver Market
USO

  • Nice Upward Fork Formed
  • Break below 36.30 WOULD BE BEARISH
  • Up Trend holding, Look For A Small Pull Back
  • High Oil Prices NOT GOOD FOR THE RECOVERY
  • $100+ Oil Here We Come!